SEC Form 4 · accession 0000857855-17-000006
UNITED COMMUNITY BANKS INC · UCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A. Edwards
Officer — EVP, CHIEF CREDIT OFFICER
Period of report
Jan 27, 2017
Accepted (ET)
Jan 31, 2017 · 9:08 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000857855
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 4, 2016 | G | 400 | $0.00 | D | 8,881 | D | |
| Common StockF2,F4 | Jan 27, 2017 | F | 496 | $29.00 | D | 9,635 | D | |
| Common StockF3,F5 | Jan 27, 2017 | F | 5,321 | $28.61 | D | 19,523 | D | |
| Common Stock (PSUs)F4 | holding | — | — | — | 2,500 | D | ||
| Common Stock (RSUs)F5 | holding | — | — | — | 24,583 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of United Community Banks, Inc. common stock gifted by the reporting person for no consideration.
- F2Represents shares of United Community Banks, Inc. common stock withheld to satisfy tax obligations upon vesting of performance-based Restricted Stock Units ("PSUs").
- F3Represents shares of United Community Banks, Inc. common stock withheld to satisfy tax obligations upon vesting of Restricted Stock Units ("RSUs").
- F4Reflects reclassification of PSUs into United Community Banks, Inc. common stock upon vesting.
- F5Reflects reclassification of RSUs into United Community Banks, Inc. common stock upon vesting.